Economics – 3/24/14
I. Bellwork Q&A
A. Pg 117 – Companies in the News
1. What created a shortage of the flu vaccine?
2. How did the market respond to the shortage?
3. What is the current availability of the vaccine?
II. Objective
- Define Supply; identify changes in quantity supplied and factors that cause a change in supply.
- Determine the meaning of words and phrases as they are used in a text.
III. Chapter 4 Retakes @ 2:25 Wednesday
- bring a paragraph summary for each section in Chapter 4
IV. Notebook work: Pages 117-125
- Law of Supply
- Change in Quantity Supplied
- Create a Tree Map Entitled – Factors Causing a Change in Supply
- Supply Elasticity – Flow Map
V. Classwork – Turn it in today
A. Page 117 Content Vocabulary (10)
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